$35,000
SOLD FEB 26, 2025

1024 Reese Ave Whiting, IN 46394

5 Beds
2 Baths
2,352 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

56% Below List Price

22 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • 2.5 Car Garage

About This Home

As of February 2025

This duplex offers incredible potential with a complete gut renovation. Featuring 4 bedrooms and 2 bathrooms, the property is located just a few blocks from downtown, near the beach, and only a 20-minute drive to Chicago. Currently set up as a duplex, it also has the potential for a third unit in the basement. This is a cash-only sale and an excellent opportunity for investors!

Last Agent to Sell the Property

Lisa Reyes

McColly Real Estate License #RB16001301 Listed on: 01/25/2025

McColly Real Estate

Last Buyer's Agent

Christina Fieldhouse

@properties/Christie's Intl RE License #RB14050140

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 6,250 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2.5 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating System

Community Details

  • 2 Units
  • Whitesides Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450307134003000023

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1907
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: See Remarks
  • ResoLotFeatures: See Remarks
  • ResoPoolFeatures: None
  • ResoOtherEquipment: Call Listing Agent
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Whitesides Add
  • Above Grade Finished Sq Ft: 2352
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: None
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: See Remarks
  • Basement: Daylight
  • Flooring: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony
  • Fencing: Back Yard
  • Acres: 0.1435
  • Waterfront: No
  • Patio And Porch Features: See Remarks

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Additional Parking, See Remarks

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6250
  • Additional Parcels: No
  • Parcel #: 450307134003000023

Rental Info

  • Pets Allowed: Call
  • Owner Pays: See Remarks

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4296

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Feb 26, 2025
Sold by
Jpm Rei Llc
Bought by
Rnd Company Llc
Seller's Agent
Lisa Reyes
McColly Real Estate
Buyer's Agent
Christina Fieldhouse
@properties/Christie's Intl RE
List Price
$79,900
Sold Price
$35,000
Premium/Discount to List
-$44,900
-56.2%
Views
181
Current Estimated Value
$249,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,333
Avg. Annual Appreciation
745.01%

Purchase Details

Listed on
Jan 25, 2025
Closed on
Jan 22, 2025
Sold by
Duda Consultants Inc
Bought by
Jpm Rei Llc
Seller's Agent
Lisa Reyes
McColly Real Estate
Buyer's Agent
Christina Fieldhouse
@properties/Christie's Intl RE
List Price
$79,900
Sold Price
$35,000
Premium/Discount to List
-$44,900
-56.2%
Views
181

Purchase Details

Closed on
Sep 27, 2024
Sold by
Kurzydlo Joshua Robert
Bought by
Duda Consultants Inc

Purchase Details

Closed on
Jul 21, 2019
Sold by
Drew Deloris Jane and Drew Dolores Jane
Bought by
Drew Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold $35,000 -36.4% $15 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
02/01/2025 02/01/25 Price Changed $55,000 -31.2% $23 / Sq Ft
01/25/2025 01/25/25 For Sale $79,900 -- $34 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,441 $219,300 $37,900 $181,400
2024 $7,648 $203,700 $37,900 $165,800
2023 $4,296 $160,000 $38,100 $121,900
2022 $4,116 $153,600 $38,100 $115,500
2021 $3,697 $136,400 $19,000 $117,400
2020 $3,377 $123,700 $19,000 $104,700
2019 $2,412 $117,100 $19,000 $98,100
2018 $2,433 $112,800 $19,000 $93,800
2017 $2,691 $109,800 $19,000 $90,800
2016 $2,265 $106,800 $19,000 $87,800
2014 $1,880 $92,100 $19,100 $73,000
2013 $1,791 $92,000 $19,100 $72,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815349

Northwest Indiana Association of REALTORS®

APN: 45-03-07-134-003.000-023